Mercurity Fintech Holding Inc (NASDAQ:MFH) does about 18.26K shares in volume on a normal day but saw 14020679 shares change hands in the recent trading day. The company now has a market cap of 142.32M USD. Its current market price is $2.34, marking an increase of 81.40% compared to the previous close of $1.29. The 52 week high reached by this stock is $3.50 whilst the lowest price level in 52 weeks is $0.77.
Mercurity Fintech Holding Inc (MFH) has a 20-day trading average at $1.4300 and the current price is -33.14% off the 52-week high compared with 203.90% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.4700 and its 200-day simple moving average is $1.7400. If we look at the stock’s price movements over the week, volatility stands at 17.94%, which decreases to 12.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.46 to suggest the stock is overbought.
The current price level is 63.25%, 59.29%, and 34.64% away from its SMA20, SMA50, and SMA200 respectively, with the MFH price moving below the 50-day SMA on current market day. Mercurity Fintech Holding Inc (MFH) stock is up 94.98% over the week and 30.73% over the past month. Its price is -10.00% year-to-date and 101.72% over the past year.
The company has a return on investment of -51.65% and return on equity of -53.99%. The beta has a value of 2.00. Price to book ratio is 7.98 and price to sales ratio is 316.26.
